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In: Accounting

for process costing 1. Based on your chosen costing article, briefly summarise how the costing system...

for process costing


1. Based on your chosen costing article, briefly summarise how the costing system was designed and
implemented in your real-life organisation.
2. Based on your chosen costing article, did the costing system in the study satisfy the features discussed in
Part A (Q1)? Why or why not? Include examples in your answer from your costing article.
3. Based on your chosen costing article, how useful was the cost information to the internal users in the
organisation? Discuss with examples from your costing article.
4. Based on your literature findings, state two key lessons that would inform contemporary organisations
about the practical use of your chosen costing system.

managerial accounting

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